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FACILITIESAPPROVED

City of Mesquite Action Agenda 2026-06-15

Mesquite Approves $3M Property Purchase and Leaseback

$3,000,000.00 plus closing costscity of Mesquite Housing OfficeTEXAS CONFERENCE ASSOCIATION OF SEVENTH-DAY ADVENTISTSJune 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Mesquite approved purchasing a 2.737-acre property from the Texas Conference Association of Seventh-Day Adventists for $3,000,000.00 plus closing costs. The City Manager is authorized to execute a Real Estate Sales Contract and a Commercial Leasing Agreement for a purchase-and-leaseback arrangement.

Contract Details

Contract Amount

$3,000,000.00 plus closing costs

Vendor

TEXAS CONFERENCE ASSOCIATION OF SEVENTH-DAY ADVENTISTS

Agency

city of Mesquite Housing Office, TX

Contract Type

FACILITIES

Document Date

June 15, 2026

Renewal Info

Includes a Commercial Leasing Agreement for leaseback of the property; specific lease term and renewal provisions are not detailed in the minutes.

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